Series 99: 3.2.5.2 Firewall Between Research And A Subject Company

Taken from our Series 99 Top-off Online Guide

3.2.5.2  Firewall Between Research and a Subject Company

FINRA also requires a firewall between a member firm and a company that is the subject of a research report. A member firm may not submit any portion of a research report to the subject company prior to publication, except as necessary to verify the factual accuracy of its information.

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